(Alliance News) - JD Sports Fashion PLC reported strong trading over the key Christmas shopping period, even as the athleisure retailer looks over its shoulder at the direct-to-consumer offerings of the major sports apparel brands that it sells. Read More
(Alliance News) - Trainer sellers were the star performers in early trade in London on strong numbers from JD Sports, though grocers, housebuilders and insurers struggled following poorly received updates from J Sainsbury, Barratt and Direct Line. Read More
Frasers Group - Shirebrook, England-based owner of Sports Direct, Frasers and Flannels retail chains - Says its investment in Hugo Boss now comprises 2.7 million shares or 3.9% of total share capital. This is covered by the sale of call options. Also has 17.6 million shares via sale of put options, representing 25% of Hugo Boss's total share capital. Of this, 1.8 million shares is matched via the purchase of put options, representing 2.5% of total share capital. Says maximum aggregate exposure connected with its next acquired interests in Hugo Boss is around EUR660 million or GBP580 million as of Thursday. This is after taking into account the premium it will receive under the put and call options. Read More
(Alliance News) - Stock prices in London were expected to open higher on Friday ahead of key US non-farm payrolls data and a services PMI print from the nation. Read More
(Alliance News) - Stock prices in London closed higher, buoyed by optimism from strong retail updates, and shaking off hawkishness from the US Federal Reserve. Read More
(Alliance News) - Stock prices in London were largely higher at midday on Thursday, as strong Christmas trading from clothing retailer Next helped to boost the FTSE 100. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and last week and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed in the green on Wednesday, with the FTSE 100 lifted by retail stocks getting a boost from strong quarterly figures from US sportswear brand Nike in a positive read-across. Read More
(Alliance News) - Retailer were amongst the worst performer in London on Monday as data from retail traffic counter Springboard revealed that UK retailers are braced for a subdued last few days in the build-up to Christmas. Read More
(Alliance News) - Stock prices in London closed in the green on Monday, showing some positivity at the beginning of a festive week despite some gloomy data out of the UK. Read More
(Alliance News) - Shore Capital on Monday said it continued to like the shares of both Frasers Group PLC and JD Sports Fashion PLC, after the sportswear retailers on Friday announced a GBP47.5 million transfer deal for 15 brands, as the Sports Direct-owner continues to accumulate, while the 'King of Trainers' pares down. Read More
(Alliance News) - Frasers Group PLC on Friday agreed a GBP47.5 million deal to acquire 15 brands from JD Sports Fashion PLC. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
Frasers Group PLC - Shirebrook, England-based owner of Sports Direct, Frasers and Flannels retail chains - Founder Mike Ashley buys a spread bet on 100,000 shares at 815.23 pence per share, worth GBP815,233, and sells a put option over 300,000 shares at strike price of 900p, worth GBP2.7 million. The put option, which gives Ashley the right to sell Frasers shares at that price, expires in September of next year. Frasers provides no reason for the transactions. Back in May, Ashley stepped down as chief executive officer of the company he founded in 1982, replaced by his son-in-law Michael Murray. In October, Ashley stepped down from the board as well, though he remains a company adviser. Read More
(Alliance News) - Aided by acquisitions, Frasers Group PLC reported a double-digit rise in interim revenue on Thursday. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, with markets in wait-and-see mode as investor focus became increasingly fixed on next week's central bank meetings. Read More
(Alliance News) - Stock prices in Europe were looking for direction at midday on Thursday, while mining stocks in London made gains as China eased its Covid curbs. Read More
(Alliance News) - Frasers Group PLC on Thursday said revenue rose 13% to GBP2.64 billion in the six months that ended October 23 from GBP2.34 billion a year prior, largely due to acquisitions. Read More
(Alliance News) - Stock prices in London made little progress on Thursday morning, amid fears for the global economy and despite a slew of local corporate updates. Read More
(Alliance News) - Stocks in London are set to open slightly higher on Thursday, as the focus shifts to next week's central bank decisions. Read More